Maplebear Inc., the parent company of Instacart, filed a Current Report on Form 8-K with the Securities and Exchange Commission on October 29, 2026, announcing its financial results for the third quarter ended September 30, 2026. The company reported a Gross Transaction Value (GTV) of $10.528 billion, representing a 15% year-over-year increase. Total revenue for the quarter was $1.095 billion, a 17% rise from the prior year. The company also noted that it repurchased $230 million in shares during the period, ending the quarter with $1 billion in cash and similar assets.
In addition to its financial performance, the filing disclosed that Instacart has entered into a definitive agreement to be acquired by DoorDash, Inc. The transaction is structured as a cash-and-stock deal with an equity value of approximately $17 billion. Following the announcement of this acquisition, Instacart has canceled its scheduled earnings conference call for November 5, 2026. Furthermore, the company stated that it is suspending its financial guidance and withdrawing previously issued long-term guidance.
